Morningstar

RiverPark Strategic Income Fund Institutional Class RSIIX

Morningstar Medalist Rating
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Medalist Rating as of See Cohanzick Management Investment Hub
  • NAV / 1-Day Return $8.38  /  +0.10 %
  • Fund Size $588.2M
  • Adjusted Expense Ratio 0.900%
  • Net Expense Ratio 0.990%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $5,000
  • Investment Status Open
  • TTM Yield 7.42%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis RSIIX

Will RSIIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RSIIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RSIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RSIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

RiverPark Strategic Income Institutional holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

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Portfolio Holdings RSIIX

More RSIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EUR/USD FWD 20261113 Purchased

6.88 40M
Derivative

First American Treasury Obligs X

3.83 22M
Cash and Equivalents

Cmg Media Corporation T/L B2 - Target

2.91 17M
Corporate

Sable Offshore 6/26 TL

2.90 17M
Corporate

Grubhub Holdings Inc 13%

2.58 15M
Corporate

Canopy Growth Corp.

2.58 15M
—

Photo Holdings LLC 12%

2.30 13M
Corporate

Cablevision of Litchfield T/L (1/26)

2.23 13M
Corporate

Mondelez International Inc

2.19 13M
Cash and Equivalents

Marelli North America T/L (6/26) First Out DIP

2.18 13M
Corporate

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